Monday, September 15, 2008

Cisco Announces Definitive Agreement to Acquire PostPath

OK, so I'm a couple of weeks behind here, but this is interesting news. A while back, I blogged about PostPath and then gave a list of products that are alternatives to Microsoft's products in the SMB and other markets. Well, on 27 August, 2008, Cisco (yes, THAT Cisco) announced its intent to acquire PostPath Inc. Not a bad $215m investment, I'd think!
"The acquisition of PostPath complements our strategy to develop an integrated collaboration platform designed for how we work today and into the future, providing real productivity gains and a more satisfying user experience", said Doug Dennerline, Cisco senior vice president, Collaboration Software Group. "Our 'cloud-based' delivery model offers our customers rapid deployment and compelling economics."

Read the Cisco Press Release for more information.


The Outspoken Wookie

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